THE WHAT? Citi has become the latest investment bank to downgrade The Estee Lauder Companies’ rating. Analysts for the firm lowered ELC to ‘neutral’ ahead of the US prestige beauty giant’s quarterly earnings report.
THE DETAILS Citi’s assessment follows similar decisions by Barclays, Piper Sandler and Jefferies, all of whom have dropped the owner of MAC make-up’s rating.
THE WHY? The consensus is that Lauder continues to be over reliant on the struggling Chinese market and travel retail channel, and has seen its shares drop 29 percent over the course of 2023. What’s more, rumors of a luxury slowdown in the US have investors concerned for the future performance of the company.
Buy aesthetic products refers to the act of purchasing items that are specifically designed for enhancing or maintaining beauty, often related to skincare, cosmetics, or procedures in the field of aesthetics. These products can include a wide range of items intended to improve the appearance and health of the skin, hair, and body. Here are some examples of aesthetic products that individuals might purchase:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments targeting specific skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows designed to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Dermatological Treatments: Prescription or over-the-counter treatments for medical conditions like acne, eczema, psoriasis, or rosacea.
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Aesthetic Devices: Equipment used for professional treatments including laser devices, microneedling pens, radiofrequency devices, and IPL (Intense Pulsed Light) machines.
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Injectable Aesthetics: Products such as dermal fillers and botulinum toxin (Botox) used to enhance facial contours, reduce wrinkles, and achieve smoother skin.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
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Home Use Beauty Devices: Devices like facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
